GBPUSD sell at the top of the channel Short

British Pound/U.S. DollarFXCM

Description

⋅ Aug 24, 2016 9:28 AM

Wait for price to reach the 1.3350 zone first of all and then watch out for the up trend line breakout. Once the breakout happens, look for a small retrace and go for a sell.

Stop loss - above 1.3350.
Target 1 - 1.3050
Target 2 - 1.2880